Sebi permits OTC Exchange

  1. 10 months ago

    Sebi said OTCEI had made payment of necessary dues to the regulator, including 10 per cent of the listing fee and the annual regulatory fee.
    "From the valuation report and undertaking of OTCEI, it is observed that all the known liabilities have been brought out and that there is no other future liability that is known as on date," Sebi said in the order.

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    References http://economictimes.indiatimes.com/markets/stocks/policy/sebi-permits-otc-exchange-of-india-to-exit-from-stock-markets/articleshow/46770295.cms

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